Seagate stock soars 15% as AI storage boom fuels earnings beat
Seagate Technology delivered a strong set of third-quarter results that comfortably exceeded Wall Street expectations, sending its shares sharply higher in premarket trading
Economy
Economy
Trump holds meeting with Chevron, energy leaders to discuss oil supply
US President Donald Trump met top officials from Chevron and other energy companies on Tuesday. The meeting focused on US oil production, oil
Economy
Dow slips 90 pts as Fed decision, Big Tech earnings keep markets on edge
Wall Street opened in the red on Wednesday, as investors were cautious ahead of a pivotal Federal Reserve decision and a heavy slate
Economy
Commodity wrap: Brent crude hits 1-month high, gold slips on Iran war
Brent crude oil prices hit a near one-month high on Wednesday as reports claimed that the US will continue to block shipments from
Economy
SoFi stock drops 12% despite strong Q1 earnings as outlook disappoints
SoFi Technologies reported strong first-quarter results, with profit and revenue surpassing expectations, but its shares fell sharply after the company issued a slightly
Economy
Robinhood stock dives as crypto woes continue, costs rise: buy the dip?
Robinhood stock price slumped by over 9% in the extended hours after the blue-chip company’s earnings fell short of expectations because of the
Gold
Corning stock falls as Q2 revenue forecast misses Street estimates
Corning reported better-than-expected first-quarter results but issued a softer revenue outlook for the current quarter, weighing on investor sentiment and halting a recent
Gold
Norway wealth fund chief warns on AI job-cut backlash
The CEO of Norway’s $2.2 trillion sovereign wealth fund has urged companies to adopt artificial intelligence (AI) in a way that benefits society
Gold
Dow rises 110 points as Nasdaq slides on AI fears, oil surge weighs
US stocks opened lower on Tuesday, led by weakness in technology shares, as investors reassessed whether the artificial intelligence boom can sustain its
Gold
US corporate bonds see strong foreign demand led by tech shift
Foreign demand for US investment-grade corporate bonds has remained strong for 15 consecutive months, according to a note by Citigroup, as cited in